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NOTTINGHAM FOREST · FINANCES

Nottingham Forest finances and accounts

Nottingham Forest turned over AU$425.8m in 2024/25 and paid AU$320m in staff costs, which is 75.2% of everything the club earned.

REVENUE AU$425.8m
WAGE BILL AU$320m
WAGES TO REVENUE75.2%
PRE-TAX RESULT -AU$151.5m
Nottingham Forest Football finances Premier League Highest paid All-time earners

Revenue by season

What Nottingham Forest turned over in each year we hold accounts for.

Every measure, season by season

Costs are shown as the amount paid. A dash is a measure Nottingham Forest does not report on its own.

MEASURE 2024/252023/242022/232021/222020/212019/202018/192017/182016/172015/16
Revenue AU$425,752,320AU$425.8m AU$363,939,840AU$363.9m AU$297,135,360AU$297.1m AU$56,991,360AU$57m AU$35,343,360AU$35.3m AU$48,570,240AU$48.6m AU$48,660,480AU$48.7m AU$43,509,120AU$43.5m AU$39,949,440AU$39.9m AU$35,374,080AU$35.4m
Commercial ---AU$3,696AU$4k AU$38AU$38 -----
Staff costs AU$319,969,920AU$320m AU$319,486,080AU$319.5m AU$278,231,040AU$278.2m AU$112,444,800AU$112.4m AU$71,416,320AU$71.4m AU$73,194,240AU$73.2m ----
Wages and salaries AU$284,426,880AU$284.4m AU$287,381,760AU$287.4m AU$249,058,560AU$249.1m AU$99,488,640AU$99.5m AU$61,324,800AU$61.3m AU$63,626,880AU$63.6m ----
Social security costs ----AU$9,845,760AU$9.8m AU$9,296,640AU$9.3m ----
Pension costs ----AU$245,760AU$246k AU$270,720AU$271k ----
Player amortisation --AU$78,270,720AU$78.3m AU$14,035,200AU$14m AU$9,793,920AU$9.8m AU$11,445,120AU$11.4m ----
Other operating income ----AU$2,544,000AU$2.5m AU$750,720AU$751k ----
Cost of sales AU$29,230,080AU$29.2m AU$24,274,560AU$24.3m AU$21,457,920AU$21.5m AU$10,583,040AU$10.6m AU$14,204,160AU$14.2m AU$15,640,320AU$15.6m AU$16,143,360AU$16.1m AU$11,404,800AU$11.4m AU$12,952,320AU$13m AU$9,104,640AU$9.1m
Other operating costs AU$521,182,080AU$521.2m AU$480,314,880AU$480.3m AU$390,028,800AU$390m AU$141,473,280AU$141.5m AU$89,788,800AU$89.8m AU$94,896,000AU$94.9m AU$98,647,680AU$98.6m AU$71,126,400AU$71.1m AU$71,101,440AU$71.1m AU$71,898,240AU$71.9m
Other expenses --AU$0AU$0 AU$38,400AU$38k ------
Profit on player sales AU$13,472,640AU$13.5m AU$193,019,520AU$193m AU$5,018,880AU$5m AU$7,841,280AU$7.8m AU$27,498,240AU$27.5m AU$21,605,760AU$21.6m AU$20,271,360AU$20.3m AU$19,301,760AU$19.3m AU$28,235,520AU$28.2m AU$8,225,280AU$8.2m
Operating result -AU$124,659,840AU$124.7m -AU$140,649,600AU$140.6m -AU$114,351,360AU$114.4m -AU$95,103,360AU$95.1m -AU$66,105,600AU$66.1m -AU$61,215,360AU$61.2m -AU$66,130,560AU$66.1m -AU$39,022,080AU$39m -AU$44,104,320AU$44.1m -AU$45,628,800AU$45.6m
Pre-tax result -AU$151,528,320AU$151.5m AU$23,230,080AU$23.2m -AU$129,112,320AU$129.1m -AU$88,736,640AU$88.7m -AU$29,809,920AU$29.8m -AU$30,618,240AU$30.6m -AU$48,220,800AU$48.2m -AU$10,744,320AU$10.7m AU$61,632,000AU$61.6m -AU$4,235,520AU$4.2m
Wages to revenue 75.2%87.8%93.6%197.3%202.1%150.7%----

What the wage bill covers

Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Nottingham Forest paid AU$320m against AU$425.8m of revenue, so 75p of every pound went back out as pay.

Premier League revenue

The 15 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.

Liverpool $1.3bn Manchester City $1.3bn Arsenal $1.3bn Manchester United $1.2bn Tottenham Hotspur $1.1bn Chelsea $942m Aston Villa $690m Nottingham Forest $426m Everton $378m Crystal Palace $375m Brentford $332m Ipswich Town $298m Sunderland $76m Coventry City $66m Hull City $50m

Frequently asked questions

How much revenue do Nottingham Forest make?

Nottingham Forest turned over AU$425.8m in 2024/25.

What is the Nottingham Forest wage bill?

Nottingham Forest paid AU$320m in staff costs in 2024/25, which is 75.2% of revenue.

Do Nottingham Forest make a profit?

Nottingham Forest made a pre-tax loss of AU$151.5m in 2024/25.

The accounts behind these figures

Company number 01630402. Every set of accounts read for this page.

Contains public sector information licensed under the Open Government Licence v3.0.